Nearly 71% of women would help pay for their engagement ring: They may see a ring as 'proof of worthiness and desirability,' says expert

Though historically men have bought engagement rings, most women are now willing to contribute to the cost of the coveted piece of jewelry.

Nearly 71% of women would help pay for their engagement ring: They may see a ring as 'proof of worthiness and desirability,' says expert

TL;DR

  • December is the most popular month globally for proposals.
  • Traditionally, men were expected to pay for engagement rings.
  • Nearly 71% of women are willing to contribute to the cost of their engagement ring.
  • About 19% of women would pay for the ring in full.
  • More dual-income couples exist today, with women in some areas earning as much or more than men.
  • The average cost of an engagement ring is $5,200.
  • Rising prices and financial hardships make shared costs more pragmatic.
  • Women view the ring as a public symbol of commitment.

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